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Re: Taber post# 35566

Thursday, 12/02/2010 1:13:22 PM

Thursday, December 02, 2010 1:13:22 PM

Post# of 96419
you're confusing revenues and earnings. If you want to talk about earnings, you have to calculate in expenses.

How do you even know they're earning money daily? If you want to see a similar financial statement with the actual numbers, go check out CGAQ's f/s. They have a similar type of business in a similar location. They're losing money on operations daily.

And why are you calculating EPS using float? you need to use O/S.

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